Regulatory Compliance Manager

Guide and advise Business and management on Compliance requirements (POPI, FAIS, TCF, FIC Act, FATCA, CRS, EXCON Regs, Conduct Standards).

• Updating of Policy & Procedure Manuals due to regulatory and operational changes in terms of key legislation affecting the Bank.

• Conduct compliance training as per the compliance training plan. Update training manuals in line with regulatory changes and policy requirements.

• Assist in compiling a compliance monitoring plan and reporting against plan.

• Assist in compiling an annual Compliance Activity Plan for approval by the BoD.

• Assist in reviewing the Legislative Risk Matrix on an annual basis and submit to the BoD.

• Conduct compliance monitoring and testing, including providing recommendations and actions plans.

• Develop and update Compliance Risk Management Plans.

• Assist in submitting FATCA and CRS reports to the SARS including implementation of new reporting requirements.

• Assist in managing and overseeing the REKYC and Enhanced Due Diligence (EDD) processes.

• Assist in preparing and submitting all required reports to the Group and Audit Committee on a quarterly basis.

• Regularly review the Compliance Monitor’s functioning, quality of commentary and timeliness of clearing, including conducting investigations and filing of reports where required.

• Assist in providing guidance on new product & delivery channel development.

• Assist in filing of regulatory reports to the respective regulators.